Newburyport Foreclosure Attorneys
Neither lenders nor borrowers are very happy with developments in the real estate market in recent years. The rate of home foreclosures has skyrocketed, affecting responsible, hard-working people who are suddenly unemployed, for example. Lenders are unable to obtain payments their borrowers simply cannot make.
No one wants to lose their home to foreclosure, and there are many ways our firm may be able to help you avoid it.
If your lender has begun foreclosure proceedings, talk to a lawyer at our firm about your circumstances. Thousands of home mortgages have been found legally defective for the purpose of foreclosure. In Massachusetts, a case called the Ibanez case brought this to light. For example, if the lender does not have proof of the chain of title, then they cannot prove they hold a valid mortgage. Without this they cannot foreclose on the home.
Many circumstances may motivate a lender to modify your existing loan. If so, you may be able to keep the home with a lower interest rate, and lower payments. A short sale or deed in lieu of foreclosure may be alternatives to foreclosure. "Walking away" from a home however concedes foreclosure. You may be on the hook for what you owe under the mortgage.
In every matter, we provide the personal attention clients deserve and the quality, individually tailored services they demand. All members of the firm participate in continuing legal education seminars, professional association activities and community affairs.
Newburyport Foreclosure Lawyers
To schedule a consultation with a Massachusetts Ibanez foreclosure case lawyer call (978) 225-0043 for our Newburyport law Office or (603) 239-3148 if calling from New Hampshire. You can also contact us online.